Seed Programs Inc

Analysis

Seed Programs Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seed Programs Inc reported income of $338k and spending of $303k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $338k (+6.1%), an average of +1.5% a year. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Seed Programs Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Action of Solidarity Inc ($338k), Wegene Ethiopian Foundation ($338k) and Zara Initiative ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $129k (43% of expenses). At year end it held assets of $361k against liabilities of $3,862, net assets of $357k. It reported 1 employees.